2857 Cincinnati Street, Los Angeles, CA 90033
-
Listed Price :
$699,000
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Beds :
4
-
Baths :
4
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Property Size :
3,884 sqft
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Year Built :
1924
Property Description
Prime Investment Opportunity in Boyle Heights. Just in Time for the Holidays! Don't miss this rare chance to own a historic 4-unit complex in one of Boyle Heights' most promising neighborhoods. Built in 1924, this property boasts 3,884 sq. ft. of living space, featuring four oversized 1-bedroom, 1-bath units, each approximately 984 sq. ft. The units are well laid out, with two located on the ground floor and two on the upper level, each including a dedicated laundry room.Situated on a spacious corner lot just under 5,900 sq. ft., this property offers incredible potential for value-add opportunities. Explore the possibility of adding 2 to 4 additional units (subject to city approval) or reconfiguring the existing floor plans to create 2-bedroom units upon vacancy. Boyle Heights is recognized as a rapidly growing and desirable neighborhood, making this property a strategic investment for long-term returns. For context, the property next door sold for $1,900,000 after being redeveloped in 2020 into a 3-unit complex showcasing the area's potential for lucrative asset repositioning. This is a once-in-a-lifetime opportunity to capitalize on the future of Boyle Heights. Act now and make this historic property yours for the holidays!
Interior Features
| Laundry Information |
| Location(s) |
Laundry Room |
| Bedroom Information |
| Bedrooms |
4 |
| Bathroom Information |
| Bathrooms |
4 |
Listing Information
| Address |
2857 Cincinnati Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90033 |
| County |
Los Angeles |
| Listing Agent |
Alexander Trevino DRE #01324975 |
| Courtesy Of |
Trevino Properties Inc. |
| List Price |
$699,000 |
| Status |
Pending |
| Type |
Residential Income |
| Structure Size |
3,884 |
| Lot Size |
5,897 |
| Year Built |
1924 |
Listing information courtesy of: Alexander Trevino, Trevino Properties Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 6:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
